Latest news
Russia's Yamal LNG train 4 to produce first LNG in Q1 2021
Russian LNG exporter Novatek expects to produce the first LNG from the fourth train of its Yamal LNG project in northern Russia in the first quarter of 2021, CFO Mark Gyetvay said Dec. 3.
read more... 04/12/2020
Coal supply resumes, two private power plants to restart operations
Private plants faced coal shortage after freight trains were suspended by the central government over the stalemate with protesting farmers’ unions on resumption of passenger trains
read more... 25/11/2020
Siemens, Deutsche Bahn launch local hydrogen trains trial
The prototype, to be built by Siemens, is based on electric railcar Mireo Plus which will be equipped with fuel cells to turn hydrogen and oxygen into electricity on board, and with a battery
read more... 23/11/2020
UK Warning Highlights Energy Storage Importance To Renewables
The United Kingdom, which has recently set a record for wind power meeting its demand, issued a security of supply alert earlier this week as wind power output was low due to calm weather. This event highlights the need of increased energy storage capacity able to balance power to the grid at times of strained supply, energy historian and expert Ellen R. Wald wrote in Forbes.
read more... 09/11/2020
Daily (04.11.2020): Oil prices hit their highest level in a week on Tuesday amid hopes OPEC will curb production
Oil prices continued to climb on Tuesday, hitting their highest levels in a week amid hopes for a new stimulus package following the US elections and that the supply of black gold will be restrained due to the intervention of the main producing countries. Hence, Brent crude for January delivery soared by 74 cents, or 1.9%, to close at $39.71 per barrel. Meanwhile, U.S. WTI crude for December delivery increased by 85 cents, or 2.3%, to settle at $37.66 per barrel.
read more... 04/11/2020